Under Armour Inc A (UAA)
Debt-to-equity ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 662,531 |
| Total stockholders’ equity | US$ in thousands | 1,890,280 | 2,153,290 | 1,998,400 | 2,088,990 | 2,088,990 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.32 |
March 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,890,280K
= 0.00
The debt-to-equity ratio of Under Armour Inc A has shown a significant improvement over the years. As of December 31, 2021, the ratio stood at 0.32, indicating that the company had $0.32 in debt for every $1 of equity. However, by March 31, 2022, the ratio decreased to 0.00, signaling that the company had no debt relative to its equity. This trend continued in subsequent years, with the debt-to-equity ratio remaining at 0.00 as of March 31, 2023, March 31, 2024, and March 31, 2025. This reduction in debt relative to equity suggests that Under Armour Inc A has managed its financial leverage effectively and has a stronger equity position compared to its debt obligations.
Peer comparison
Mar 31, 2025